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Bank of Lake Mills

Commercial Loan Processor

Bank of Lake Mills, Kroghville, Wisconsin, United States

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Commercial Loan Processor

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Bank of Lake Mills

Job Requirements: Prepares and processes new commercial loans and renewals. Maintains and updates records and files for processing of each loan; verifies for accuracy and completeness; performs data entry. Works diligently to achieve and maintain compliance with the bank's policy guidelines. Prepares and maintains loan documentation promptly and accurately. Updates loan information in core system, drafts correspondence and notices and performs maintenance to loan files. Works with paid off loans, mortgage satisfactions, and UCC filings. Assists Loan Servicing with a variety of reports. And handles customer inquiries and requests. Keep records of customers' charges and payments. Compile and analyze credit information gathered by investigation. Obtain information about potential creditors from banks, credit bureaus, and other credit services, and provide reciprocal information if requested. Evaluate customers' computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards. Mail charge statements to customers. Verify and examine information and accuracy of loan application and closing documents. Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts. Record applications for loan and credit, loan information, and disbursements of funds, using computers. File and maintain loan records. Contact credit bureaus, employers, and other sources to check applicants' credit and personal references. Check value of customer collateral to be held as loan security. Prepare and type loan applications, closing documents, legal documents, letters, forms, government notices, and checks, using computers. Review customer accounts to determine whether payments are made on time and that other loan terms are being followed. Answer questions and advise customers regarding loans and transactions. Order property insurance or mortgage insurance policies to ensure protection against loss on mortgaged property. Accept payment on accounts.

Other Experience and Qualifications:

At least one year of experience.

Experience Within a Bank Is Preferred.

Must possess professional customer service, basic math skills, excellent verbal communication skills, technical ability to input and retrieve computerized information.

Must also have the ability to maintain the integrity of highly confidential information.

Application Instructions: Mail a résumé: Attn: Shane Moen Bank of Lake Mills PO Box 50 Lake Mills, WI 53551

E-Mail a résumé: shane@bankoflakemills.com

Seniority level:

Entry level

Employment type:

Full-time

Job function:

Finance and Sales

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